South Korean prosecutors seek to arrest Samsung heir

By Google News


South Korean prosecutors seek to arrest Samsung heir
Lee Jae-Yong, vice chairman of Samsung arrives at the office of the independent counsel on January 12, 2017 in Seoul, South Korea.

German Automakers Push Back Trump’s Warning Over Mexican Plants

German carmakers pushed back Donald Trump’s threats of import duties on the autos they make in Mexico, pointing to extensive production expansion in the U.S.

Study: 8 people have same wealth as world’s poorest half

Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in Bangladesh.

In the Wake of a Tumultuous Year, the Global Elite Face a World of Uncertainty

Wall Street Journal
This year is different. As the world’s financial, corporate and political elites gather this week for the annual meeting of the World Economic Forum in the Swiss mountain resort of Davos, the global economic order is teetering.

British Pound Sags Ahead of Prime Minister’s Brexit Speech

New York Times
LONDON – After months of repeating the mantra that “Brexit means Brexit,” Prime Minister Theresa May is set to reveal details of Britain’s closely guarded plans for leaving the European Union, in a speech that has already increased pressure on the …

IMF Upgrades US Growth Forecast on Trump Stimulus Plans

Wall Street Journal
WASHINGTON—U.S. President-elect Donald Trump hasn’t taken office yet, but he’s already reshaping the global growth outlook.

Luxottica Sees the Light in $54 Billion Deal

Even the most obvious of deals needs the stars to align. It has taken a long time for the spectacles industry to create a major player that makes both lenses and frames, despite the evident logic of combining the two.

Airbus CEO sees ‘flying car’ prototype ready by end of year

Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group’s annual results, in London, Britain February 24, 2016.

Tax Refund Delays: Will You Have to Wait Longer to Get Your Money?

Fox Business
Tax season begins on Jan. 23, and many taxpayers who expect to get big refunds from the IRS this year will work hard to file as quickly as possible.

Saudis See No Need to Extend OPEC Deal Beyond Six Months

OPEC probably won’t need to extend a deal it reached with other crude producers to cut output, given compliance with the reductions and the outlook for an increase in global demand, Saudi Energy Minister Khalid Al-Falih said.

The Andersons to close its stores, affecting 1050 employees

Toledo Blade
The Andersons general stores, a Toledo retail icon that for seven decades operated quirky general stores that offered shoppers a mix of everything from drywall to produce to fine wines, soon will be no more.

American Apparel to close all of its stores

Santa Rosa Press Democrat
American Apparel, once a high-flying retailer that peaked at more than $600 million in sales, is probably headed toward liquidation after a bankruptcy auction ended with Canadian T-shirt and underwear maker Gildan Activewear buying intellectual

A Republican privatization of Social Security is a real possibility

AOL News
Social Security was among the most important issues heading into the 2016 election. Yet, interestingly enough, it wasn’t paid very much attention during the debates, which is surprising when you consider that 61% of current retired beneficiaries count

Amazon to accept food stamps, taking on Walmart

CBS News
The world of food stamps is about to go high-tech, and it may turn the grocery industry on its head. The U.S. Department of Agriculture is testing a pilot program this summer that will allow seven online grocery stores to accept food stamps, including

Saudi carrier flynas signs deal for 80 Airbus planes

Yahoo News
Riyadh (AFP) – Low-cost Saudi carrier flynas on Monday signed an $8.6-billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets.

Feds change regulations aimed at stopping horse soring

Washington Times
NASHVILLE, Tenn. (AP) – Federal officials have made regulation changes aimed at stopping the practice of soring among Tennessee Walking Horses and similar breeds.

Lockheed Martin CEO emerges from meeting with Trump promising to reduce F-35 costs, add new jobs
Lockheed Martin CEO emerges from meeting with Trump promising to reduce F-35 costs, An F-35 jet arrives at it new operational base Wednesday, Sept.

Millennials Save Plenty, But Don’t Invest

Seeking Alpha
As Seeking Alpha readers, there’s a good chance you know a fair bit about investing. However, it’s easy to forget that our portion of the world is a small one; many people know little to nothing about investing.

The Minnesota State Fair to get major grounds upgrades, but ticket prices are going up Press
A little girl rides high on a pair of shoulders on a very busy day at the Minnesota State Fair in Falcon Heights on Friday, August 26, 2016.

Firms Could Get a $12 Trillion Boost by Meeting These Goals, Davos Group Says

Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders.

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